A PM agent asked me to buy Public Natural Resources Equity Fund which has gone down by about 25% compared to its recent peak.

Looking at the current economic scenario, do you think its worth buying with the global economy going for a double dip recession and the cooling China market?

so which 5 do u have in mind?

I would pick those
Public Saving Fund(PSF)
Public Growth FUnd(PGF)
Public Regular Saving Fund(PRSF)
Public Ittikal Fund(P Ittikal)
Public Equity Fund(PEF)

Invested around 300k on those 5 Funds

Few days ago i received Rm4419.55 cheque from Ittikal Fund. Total Cum. Cost is RM48000. Around 9% eh. Better than putting in FD and ASM.

IMO, not a good idea.

In general, if you follow/believe in the economic cycle, "resources" will tend to do well rather late in the boom cycle, that is after excessive demand causing a shortage of resources and that is just before the un-sustainable bubble is about to burst. Whatever part of the cycle we are in, I don't think the potential for resources is there yet. However, the insatiable appetite of China and to a lesser extent, India for resources cannot be discounted, even when this double-dip keeps getting mentioned.

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Added on July 7, 2010, 9:47 pmMost of the equity funds will do better than FD almost certainly, and many will, quite likely, do better than ASN funds. In the long run.

The question is whether you got in at the right time (or wrong time), and have the stomach to withstand the about 70% drop of Ittikal in 2008/2009. If you got in at the peak, you will still be at a loss.


This post has been edited by howszat: Jul 7 2010, 09:47 PM

Normally I would reinvest back dividend units instead of repurchase it. Keep it for a while until the NAV price shoot up back to the price before dividend is paid.

How to reinvest back dividend? Just dont use the cheque?

Actually the form has the selection and by default, I guess reinvest is the automatically done.

Guys, I just checked for my dad fund

Total 6 fund, 2 lost money

Mind to share which funds are losing money?

PIADF, PFESF

Those two are relative young funds with age less than 5 years.

Just now teh tarik talk with my colleague.

One of my colleague (China man) claims that his friend made 30% from Public Mutual. Betulkah so easy?

He said Public Mutual very good. Got good agents to monitor the funds. Yakah?

30% return in how many years? Annually? Which fund is that? If the agent is a close friend of yours, u can ask them to check for u. Some agents are greedy. Agents get 2% commissions if i am not mistaken.

My colleague is infamous for his koktok. He said his friend gained back 30% from his RM20,000 investment. Which means RM6,000 annually.

Just sharing from what I heard. Just curious if this is credible.

Measuring from the beginning of 2009 to end of 2009 Hang Seng Index gain almost 70%. The floating gains/profit of 30% is very reasonable. If he continue to hold till end of the year become only 3% dreaming profit? If he has enter from begin 2008, he is actully still underwater. dare him to measure from begin 2010 till mid 2010?

interests earn from bank are permanent, gain from UT are temporary unless you cash out, otherwise your NAV are only worth dreaming.

Dear Unitholder, We are pleased to attach the market wrap and bond market review for the week/fortnight ended 2 July 2010 for your information. Regards Customer Service e-mail proclaimer This e-mail and any attachment is intended for the addressee(s) only and may contain information that is legally privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication and its contents is strictly prohibited. If you have received this email in error, please notify us immediately by return email or our hotline 036207 5000 and delete the document. This communication has not been transmitted via a private or secure link or in encrypted form and is therefore subject to the usual hazards of Internet communications, nor can it be guaranteed that this communication has not been the subject of unauthorised interception or modification.

Any PM agents/representator can confirm this?

http://www.publicmutual.com.my/page.aspx?n...mo_campaign2010




Terms and Conditions

1. The PMO campaign is open to all new and existing users of Public Mutual Online (PMO) from 15 March 2010 till 30 June 2010.
2. There are 10 prizes to be won at the end of the campaign.
3. The PMO users must have successfully completed the transaction to be eligible for the prize draw.
4. The PMO user is entitled to 1 draw for every successful initial/additional investment and switching transaction.
5. Each PMO user is entitled to win 1 prize for this campaign.
6. Accounts under staff pink and agent pink are not eligible for the campaign.
7. Winners will be randomly picked from all successful transactions during the duration of the campaign.
8. All decisions made by Public Mutual Berhad are final and no correspondence will be entertained.
9. The prizes are non-refundable, transferable or exchangeable for cash.
10. Public Mutual Berhad gives no representation and warranty with respect to the prizes.
11. Public Mutual Berhad shall not be held responsible for any injury, death or accident arising from the use of these prizes.
12. Winners will be notified through mail and their names posted on our website.
13. Public Mutual Berhad reserves the right to substitute the prizes with another item of similar value.
14. Public Mutual Berhad reserves the right to publish or display the photographs/names of winners for advertising purposes.


And now, this? http://www.publicmutual.com.my/page.aspx?n...35thAnniversary

Where the news of the 10 netbooks which supposed to be given away which PM said in their website http://www.publicmutual.com.my/page.aspx?n...mo_campaign2010? Now this link has been removed from the website as well!

The winners list haven't being announced right?

@David83
I doubt they are going to announce it for http://www.publicmutual.com.my/page.aspx?n...mo_campaign2010, instead they might merge it to their anniversary http://www.publicmutual.com.my/page.aspx?n...35thAnniversary

That's why I need clarification from PM agents...

Dear Gark,

Could you share your insight with us why you would say that DCA is rubbish? My agent recommended me to invest by DCA.

Thanks